Legal Question in Construction Law in India
Does joint veture agreement require a legal entity to be incorporated (SPV) for the given project?
Asked on 5/11/13, 10:59 pm
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
12.05.2013
Dear Sir / Madam,
A joint venture agreement is usually backed by the formation of a partnership firm or limited company.
Regards,
Answered on 5/11/13, 11:01 pm
Jayesh Desai
Jayesh Desai
Legally not necessary, but again depends upon what kind of 'venture' is stipulate under JV.
This is based on facts and not on law.
Answered on 5/14/13, 6:02 am
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